this post was submitted on 24 Jan 2025
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Fuck AI
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This algo told me to over charge rent, I am not price fixing...
This is the new business tactic to extract while avoiding liability.
There is no recourse any person has here either. And the government is too corrupt to protect the taxpayers.
We are so fucked.
Maybe, maybe, maybe, this lawsuit about algorithmic pricing will not get dropped.
https://www.justice.gov/opa/pr/justice-department-sues-six-large-landlords-algorithmic-pricing-scheme-harms-millions
I don't have much hope with the current administration.
I have zero hope this will lead to anything beyond crimincals settling for pennies, and being provided with a regulatory regime to continue their crime with proper goverment approvals.
I think that actually sums up one of the administration’s plans in general, to take hold of lawless industries and use them to get rich at everyone else’s expense. Their ridiculous plans for crypto have pretty much the same motive.